Offer for Subscription update on close date

Summary by AI ^BETAClose X

Molten Ventures VCT plc has extended its offer for subscription, originally detailed in a prospectus from October 7, 2025, which aimed to raise up to £10 million with an additional £20 million overallotment facility. Applications are now due by 4:00 pm on Friday, July 24, 2026, a change from the previous deadline of June 30, 2026. This extension follows a November 26, 2025 budget announcement that reduced initial tax reliefs for the 2026/2027 tax year from 30% to 20% for qualifying UK taxpayers, a factor that may influence investor decisions.

Disclaimer*

Molten Ventures VCT PLC

30 June 2026

Offer Update

Molten Ventures VCT plc (the "Company")

LEI Code 2138003I9Q1QPDSQ9Z97

Molten Ventures VCT plc Prospectus Offer - extension of close for applications

The Company published a prospectus on 7 October 2025, ("the Prospectus") containing an offer for subscription of up to £10 million with an overallotment facility for a further £20 million through the issue of new shares, the use of this overallotment was confirmed in an announcement made on 24 February 2026.

The Board of Directors in consultation with the Investment Manager have agreed to extend the date which applications must be received from 4.00pm on 30 June 2026 to 4.00pm on Friday 24 July 2026.

It should be noted that subsequent to the publication of the Prospectus, in the Budget held on 26 November 2025 it was announced that the initial tax reliefs for applications for the 2026/2027 tax year will reduce from 30% to 20% for UK qualifying taxpayers.

Full details of the Offer are contained in the Prospectus a downloadable version is available from:

https://investors.moltenventures.com/investor-relations/vct/key-documents

Terms used in this announcement have the same meaning as defined in the Prospectus.

The VCT Board recently published the Company's Annual Report to 31 March 2026. To access the update please copy and paste the url below into your browser.

https://investors.moltenventures.com/investor-relations/vct/financial-reports

30 June 2026

Enquiries:

For further information please contact the Manager on 020 7931 8800 or via email to vct@molten.vc

Sales enquiries should be directed to RAM Capital on 020 3006 7530 or via email to taxsolutions@ramcapital.co.uk

Administrative queries should be directed to the Company Secretary, ISCA Administration Services Limited on 01392 487056 or via email to molten@iscaadmin.co.uk.

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